Use the 80/20 Rule for Successful Empowerment

For those of you in networking businesses, summer usually means a decrease in sales and sign-ups due to people going on vacations or otherwise not focused on business. You can use an important principle as a successful empowerment strategy and grow your business during those times when others are seeing a decline.

The Pareto Principle

There is a principle out there called Pareto’s Principle, which has been known in the last decade as the 80/20 rule. There is a way to use this rule for successful empowerment in your business and grow your business during the summer, rather than see a decline in revenue. The 80/20 rule states that 80% of the effects come from 20% of the causes. Applied to business, this would equate to 80% of your sales come from 20% of your clients or 80% of your results come from 20% of your effort. You get the idea. In 1941, a business-management consultant named Joseph M. Juran named this principle after the Italian economist, Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% of the population. Continue reading “Use the 80/20 Rule for Successful Empowerment”

Clarity of Purpose with Successful Empowerment by Diane Norris – Week 21

So many women today are looking for successful empowerment & starting a business because they’re seeking  to earn an extra $1,000 – $2,000 a month.  If this sounds familiar, your clarity of purpose needs to be more than just about the money; it needs to be a passion within you.  Do you feel like something is missing from your life and your business? Are  you searching?

You need to visualize in your mind where you want your business to be 5 years from now and then operate and create the business as if you’re already there.  As women, we need to think and say, “I am the CEO of my own business” and not be afraid to say that. This thought needs to be the spiritual empowerment that is the foundation for the purpose of an entrepreneur to find the problem and solve it. Your purpose needs to be more passionate than just making money. Continue reading “Clarity of Purpose with Successful Empowerment by Diane Norris — Week 21”